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Category Archives for Free Forex Trading Lessons

How to Identify and Exploit Sloping Flag Patterns for Profit

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sloping_flag_pattern

Are all flag patterns created equal? Sure, they can come in different shapes and sizes, but as far as how to trade them, a flag is a flag, right? Not exactly. For the most part, these patterns represent a continuation of the current trend. So if the market is trending higher and forms a flag, […]

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5 Trading Mistakes That Are Killing Your Profits + Simple Fixes

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Man looking disappointed after making mistakes

The key to understanding why the markets move the way they do is being able to identify and understand chart patterns. Once you can do this, you can trade any instrument in any market. It’s that simple, at least from a technical standpoint. Why then do the majority of Forex traders fail to generate consistent […]

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Equidistant Channels: Awesome Way to Find “Hidden” Targets

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Equidistant channels are arguably the most common technical structure found in the Forex market. Not only that but they are, in my experience, one of the most lucrative to trade. As a price action trader, the amount of profit you generate over the course of your career is dependent upon your ability to identify (and successfully […]

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3 Powerful Techniques to Determine Trend Strength

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Every trader wants to know how to identify trends and determine their relative strength. It’s what allows us to trade with momentum rather than against it, which in turn increases the odds of a favorable outcome. Unfortunately, gauging the strength of a trend isn’t as straightforward a task as some would hope. Let me rephrase […]

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Taking Forex Profits: These 5 Signals Are All You Need

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Man holding out cash

Is it knowing when to get in or knowing when to get out of a trade that makes becoming a successful Forex trader such a challenging endeavor? I would argue that both are equally important. These two elements, among many others, need to work in harmony if you want to grow your trading account. But as […]

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